2026-10-24 03:01:41
Martha Sazon Becomes Billionaire as Mynt's GCash IPO Debuts at P6.60 on October 20
According to Rappler, Martha Sazon, CEO of Mynt (GCash's parent company), became a paper billionaire on October 20 when the fintech operator listed on the Philippine Stock Exchange at P6.60 per share. Sazon's 220.1 million shares were valued at approximately P1.45 billion at the IPO price, making her one of the Philippines' most prominent business leaders. Mynt raised roughly P10 billion in net fresh IPO proceeds, with the company allocating 60% toward expanding its lending services over the com